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Contract Clause

All articles tagged with #contract clause

Shohei Ohtani's $700 Million Deal Hangs on Dodgers Leadership

Originally Published 2 years ago — by Yahoo Sports

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Source: Yahoo Sports

Shohei Ohtani's record-breaking contract with the Los Angeles Dodgers reportedly includes a clause that allows him to opt out if either Dodgers owner Mark Walter or president of baseball operations Andrew Friedman leave the team. The deal, still in the form of a letter of agreement, awaits submission to the MLB league office. Ohtani's leverage stems from the Dodgers' spending and success under Friedman's leadership, making the team an attractive choice for the player. This clause creates power dynamics within the organization and potentially gives Ohtani influence over Friedman's successor. The Dodgers would prefer a shorter, less expensive contract, but Ohtani may stay if he doesn't find similar financial offers elsewhere.

Unveiling Tom Cruise's Controversial Movie Contract Clause Amid SAG-AFTRA Strike

Originally Published 2 years ago — by Yahoo Entertainment

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Source: Yahoo Entertainment

Tom Cruise reportedly has a secret clause in all of his film contracts that prohibits the use of his likeness for merchandise, which is why his face is not seen on video game covers or merch. This clause has been in place for years, predating the current SAG-AFTRA strike. The strike has been fighting against the use of AI in film, and while Cruise has lobbied for SAG-AFTRA's concerns to be heard, his unique contract clause has sparked a debate on social media. Some applaud Cruise for protecting his likeness, while others criticize his connections to Scientology.

Disney Narrowly Focuses Lawsuit Against Ron DeSantis, Claims Free Speech Victory

Originally Published 2 years ago — by Newsweek

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Source: Newsweek

Disney has secured another victory in its legal battle against Florida Governor Ron DeSantis as a judge ruled that the company can amend its complaint and continue pursuing legal action. The dispute began when Disney publicly criticized DeSantis' "Don't Say Gay Bill," prompting the governor to strip the company of its self-governing rights over Disney World. Disney filed a federal lawsuit, alleging violations of constitutional rights, including the Contract Clause, 1st Amendment right to free speech, 5th Amendment rights under the Takings Clause, and 14th Amendment rights to due process. The judge's ruling allows Disney to proceed with its case, and the company vows to vigorously defend its contracts, which could impact its investments and job creation in Florida.